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St. John’s Cinnamon Bay Campground and Trunk Bay Concession to be Rebuilt by New Owners to Boost Local Economy

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ST. JOHN, U.S. Virgin Islands, May 6, 2019 /PRNewswire-HISPANIC PR WIRE/ — St. John’s Cinnamon Bay campground will be rebuilt in an effort to boost the local economy and restore jobs, according to the new owners of Cinnamon Bay Resorts. 

Backed by philanthropist and Bloomberg LP co-founder Thomas F. Secunda, CinnOpCo announced today its purchase of Cinnamon Bay Resorts, operator of Cinnamon Bay and the concessions at Trunk Bay in the Virgin Islands National Park.  Longtime St. John hospitality manager Adrian Davis will direct the company. Secunda, an advocate for the national parks, served as chairman of the board of trustees of the National Parks Conservation Association. 

“Over the years I’ve been visiting St. John, I’ve developed a real passion for the island and for its people,” Secunda said.  “Our goal at Cinnamon Bay is to create the best camping experience in the national parks system in a way that benefits the local economy and gives back to the territory, its visitors and its residents.”

“Cinnamon Bay has always been a unique part of our tourism infrastructure and its reopening signals another step in rebuilding our private sector economy,” said U.S. Virgin Islands Governor Albert Bryan

“The reopening of the iconic Cinnamon Bay is a major step towards restoring the important range of St. John’s tourism offerings,” said Congresswoman Stacey E. Plaskett.  “I’m excited about the reopening and new innovative management of such an historic area with its beautiful beaches.”

“We look forward to honoring the history of Cinnamon Bay while providing family friendly accommodations on the property again.  We are excited to renovate both properties and provide services to visitors and residents once again,” said Davis.

Cinnamon Bay facilities and grounds have sat largely untouched since hurricanes Irma and Maria devastated the island in 2017 and the reopening will help bring back jobs and more visitors to St. John.

The restored campground will feature upgraded facilities and camping options ranging from renovated bare sites for tents to redesigned bungalows. The rebuilding will prioritize sustainability and resilience at both locations.

Underscoring a commitment to St. John and the broader territory, Secunda said profits will be driven back into philanthropic efforts across St. John.  Local companies, including B&C Transport, will be used for the work on site.  Staff will be employed year-round instead of laid off in slower months.

The clean-up and rebuilding starts immediately with the aim of reopening Cinnamon Bay campgrounds for the 2020-21 season.  Trunk Bay will continue to operate as is while food and beverage buildings are repaired, upgraded and rebuilt.

The reopening will help bring needed jobs back to St. John. It will also contribute to the local economy by creating opportunities for other vendors and individuals who are needed by Cinnamon Bay guests including taxis, rental cars, local restaurants, offsite activities and destinations.

Recovering and Rebuilding for Resilience
Under Secunda’s leadership, the Bloomberg Response Team has been on the ground in the U.S. Virgin Islands since the days immediately after Hurricane Irma struck, spending tens of millions of dollars to assist the territory since 2017.

The Bloomberg team sent technical experts to serve side by side with the government of the U.S. Virgin Islands and organizations like Kenny Chesney’s Love for Love City, and new non-profits like Love City Strong to accelerate response and recovery.  Many Bloomberg staff drew on their experience working on the recovery and rebuilding after Hurricane Sandy hit New York City in 2012.

The work of Love for Love City and Love City Strong, in partnership with Bloomberg, has grown into an island-wide effort to rebuild homes in a resilient way for St. John’s most vulnerable residents.  Love City Strong has also led the way in ensuring clean cistern drinking water as well as mold remediation on storm-damaged homes.

Their work has grown into a sustained effort to support sustainable and resilient rebuilding and preparation in St. John and throughout the territory through the Hurricane Recovery Task Force, Sustainable Energy Work, the USVI Public Safety Support Foundation, and Love City Strong.

New and Innovative Approaches to Recovery and Preparedness
As climate change makes hurricane increasingly powerful and destructive, Secunda’s aim is to help build a more resilient region that is better prepared to respond to future storms and natural disasters.  Working with the local government and partners, the Bloomberg team and its partners have been trying new and innovative approaches to disaster recovery and preparedness that are showing success across the territory.

The Bloomberg Response Team and Love City Strong will present results and best practices at the upcoming Clinton Global Initiative Action Network on Post-Disaster Recovery meeting in St. Thomas in early June.  The meeting will advance recovery and resiliency efforts, support long term sustainability and drive action to prepare for the 2019 hurricane season.

Contact: Adrian Davis, Cinnamon Bay Resort [email protected]
Jarrod Bernstein, Bloomberg Response Team [email protected]
Meagan Enright, Love City Strong [email protected]

SOURCE Cinnamon Bay Resorts

MoneyGram to Release First Quarter 2019 Results

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MoneyGram Logo

DALLAS, May 6, 2019 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram (NASDAQ: MGI) will announce its first quarter 2019 financial results on Wednesday, May 8, 2019. Alex Holmes, Chairman and Chief Executive Officer, and Larry Angelilli, Chief Financial Officer, will host a conference call at 9:00 a.m. ET to discuss the financial results. The news release and the webcast will be available at ir.moneygram.com. Participants may join the call and view the presentation at the numbers and link below:

MoneyGram Logo

Toll Free:       1-800-458-4148
International: 1-929-477-0324
http://public.viavid.com/index.php?id=134521

Replay:  1-844-512-2921 or 1-412-317-6671
Replay ID:  2681217
Replay is available through Wednesday, May 15, 11:59pm ET

About MoneyGram International, Inc.
MoneyGram is a global leader in omnichannel money transfer and payment services that enables friends and family to safely, conveniently, and affordably send money for life’s daily needs in over 200 countries and territories. The innovative MoneyGram platform leverages its leading digital and physical network, global financial settlement engine, cloud-based infrastructure with integrated APIs, and its unparalleled compliance program that leads the industry in protecting consumers. For more information, please visit moneygram.com  

MoneyGram Investor Relations:
[email protected]
214-979-1400

MoneyGram Media Contact:
Wendi Schlarb
[email protected]
214-999-7687

Logo – https://mma.prnewswire.com/media/600838/MoneyGram_International_Logo.jpg  

SOURCE MoneyGram

Gluten-Free Food Labeling: Important Information for Those with Celiac Disease

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US_Food_and_Drug_Administration_Logo

SILVER SPRING, Maryland, May 7, 2019 /PRNewswire-HISPANIC PR WIRE/ — May is Celiac Awareness Month. An estimated 3 million Americans suffer from celiac disease, a genetic autoimmune digestive disorder that damages the small intestine. Celiac disease is triggered by consumption of a protein called gluten, which is found in wheat, barley, rye, and crossbreeds of these grains. Gluten gives breads and other grain products (such as cakes, cereals, and pastas) their shape, strength, and texture. For those suffering from celiac disease (or choosing/preparing food for someone who does), identifying gluten-free food is critical.

In August 2013, the U.S. Food and Drug Administration (FDA) issued a regulation that standardized the meaning of the voluntary claim “gluten-free” on food labels. This ensures that gluten-free claims on food products are consistent and reliable across the food industry.

Learn more at:
https://www.fda.gov/food/nutrition-education-resources-and-materials/gluten-and-food-labeling 

Understanding Gluten-Free Labeling

FDA defined the terms “Gluten-free,” “No gluten,” “Free of gluten,” and “Without gluten.” Manufacturers are not required to label gluten-free products—the use of the claim is voluntary. Foods with any of these terms in their labeling have to meet the requirements of the gluten-free regulation. FDA encourages consumers to rely on these four terms when looking for foods that can be used as part of a gluten-free diet.

Foods bearing a gluten-free claim must, among other things, contain less than 20 parts per million of gluten. A food that is labeled as gluten-free but fails to meet the requirements of the regulation is subject to regulatory action by FDA.

Products Covered by the Gluten-Free Regulation

FDA’s regulation applies to all foods and beverages (including packaged foods, dietary supplements, fruits, vegetables, shell eggs, and fish) except for:

  • Meat, poultry, and certain egg products
  • Most alcoholic beverages

Gluten-Free When Eating Out

Given the public health significance of gluten-free labeling, FDA continues to encourage the restaurant industry to ensure that its use of gluten-free labeling is consistent with the federal definition. FDA also works with state and local governments, who play an important role in oversight of restaurants, and considers appropriate action as needed, alone or with other agencies, to protect consumers with respect to gluten-free labeling in restaurants.

Reporting Adverse Effects and Labeling Concerns

Individuals who become ill or experience adverse health effects that they believe are associated with having eaten a food should first seek appropriate medical care.

Afterward, individuals can report a problem with a food or its labeling in either of these ways:

Contact: Media: 1-301-796-4540  Consumers: 1-888-SAFEFOOD (toll free)

Logo – https://mma.prnewswire.com/media/585467/US_Food_and_Drug_Administration_Logo.jpg

SOURCE U.S. Food and Drug Administration

Hennessy Toasts Saúl “Canelo” Álvarez As He Remains The Middleweight Champion Of The World

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Canelo Álvarez and Maluma (PRNewsfoto/Hennessy)

NEW YORK, May 6, 2019 /PRNewswire-HISPANIC PR WIRE/ — Hennessy, the world’s best-selling Cognac, begins the month of May celebrating Canelo Álvarez’s historic victory over the weekend. Retaining his current belts and, after winning the IBF Middleweight Championship belt, this latest victory puts Canelo just one belt shy of unifying the division and becoming the undisputed champion.

Canelo Álvarez and Maluma (PRNewsfoto/Hennessy)

In the spirit of Hennessy’s “Never stop. Never settle.” mantra, this milestone fittingly came on the eve of Cinco De Mayo in front of a packed crowd of 20,203 at the T-Mobile Arena in Las Vegas. With a decisive decision win, Canelo continued to honor the legacy, country, family and heritage of excellence he’s displayed since exploding on the boxing scene in 2005. Since then, his relentless pursuit of greatness has only been matched by a ruthless work ethic and training regimen that rivals any athlete in any sport.

“The unwavering dedication and determination to push his body to the limit, coupled with a commitment to family, culture, and legacy, embodies all hallmarks of the Hennessy brand,” said Giles Woodyer, Senior Vice President, Hennessy US. “We are proud and honored to continue our partnership with Golden Boy and Canelo during their continued reign of boxing.”

Global superstar and one of Hennessy’s newest cultural icons, Maluma, sat ringside as one of the brand’s special guests. Following the match, Maluma attended Canelo’s celebratory evening at KAOS at the Palms where guests toasted to the boxing champion’s continued “Never stop. Never settle.” journey.

Canelo’s unrelenting drive, commitment and tenacity have yet again propelled him to the top—making him an inspiration to the next generation as he enters year three of working with Hennessy. Intended to encourage others to “Never stop. Never settle.,” the partnership with Golden Boy includes support of the entire Golden Boy camp:  custom content around their various platform partners, in addition to video releases, special events, and cross-channel promotions over the course of 2019.

Hennessy invites fans across the globe to toast this monumental victory with an inspired V.S.O.P Privilège cocktail:

Hennessy V.S.O.P Privilège Despacito

  • 1 ½ oz. Hennessy V.S.O.P Privilège
  • ¼ oz. elderflower liquer
  • ¼ oz. honey syrup (equal parts water and honey)
  • ½ oz. fresh lemon juice
  • 2 oz. unfiltered apple juice
  • 6-8 mint leaves

Method: Combine all ingredients, shake & strain into a rocks glass with ice. Garnish with mint leaves.

To view/download Hennessy assets, including high resolution fight night pics, please click HERE.

For more information, please visit Hennessy.com/US/life/Canelo,YouTube.com/HennessyUS, Facebook.com/Hennessy or Instagram.com/HennessyUS.

ABOUT HENNESSY
The leader in Cognac, the Maison Hennessy has shined around the world with its exceptional blends for more than 250 years. Built on founder Richard Hennessy’s spirit of conquest, the brand is present in more than 130 countries. Based in the heart of the Charente region, Hennessy is also a steadfast pillar of the regional economy, the standard-bearer for a sector rich in expertise. The House’s success and longevity are rooted in the excellence of its cognacs, each of which is born of a unique process of transmission from generation to generation.

The first wine and spirits house to be certified ISO 14001, Hennessy unites its capacity for innovation and the support of all of its partners to protect this exceptional area. As the crown jewel of the LVMH Group, Hennessy is a major contributor to French international trade, with 99% of production sold in export, and a worldwide ambassador for the French art de vivre.

Hennessy is imported and distributed in the U.S. by Moët Hennessy USA. Hennessy distills, ages and blends spanning a full range: Hennessy V.S, Privilege V.S.O.P, Hennessy Black, X.O, Privé, Paradis, Paradis Imperial and Richard Hennessy. Imported Cognac Hennessy® 40% Alc./Vol. (80º), ©2019 Imported by Moët Hennessy USA, Inc., New York, NY.

About Golden Boy:
Los Angeles-based Golden Boy was established in 2002 by Oscar De La Hoya, the first Hispanic to own a national boxing promotional company. Golden Boy is a media and entertainment brand committed to making fighting entertainment more accessible and affordable. The company’s in-house production team develops creative original programming for ESPN, RingTV.com and international channels across the globe. The company holds the exclusive rights to top boxers and has promoted some of the biggest and highest grossing events in the history of the sport. Now, Golden Boy is one of the most successful boxing entertainment companies in the world and shapes the future of boxing for fighters and fans alike through its 2019 partnership with streaming platform, DAZN.

For more information, visit www.goldenboypromotions.com, follow on Instagram @GoldenBoy and on Twitter at @GoldenBoyBoxing and like on Facebook at www.facebook.com/GoldenBoyBoxing.

Canelo Álvarez and Giles Woodyer (PRNewsfoto/Hennessy)

 

Canelo Álvarez  wins IBF Middleweight Championship (PRNewsfoto/Hennessy)

 

Canelo Álvarez and Daniel Jacobs (PRNewsfoto/Hennessy)

 

Canelo Álvarez and Daniel Jacobs (PRNewsfoto/Hennessy)

Photo – https://mma.prnewswire.com/media/882453/Canelo_Maluma.jpg
Photo – https://mma.prnewswire.com/media/882454/Canelo_Giles.jpg
Photo – https://mma.prnewswire.com/media/882455/Canelo_Champion.jpg
Photo – https://mma.prnewswire.com/media/882456/Fight1.jpg
Photo – https://mma.prnewswire.com/media/882457/Fight2.jpg

SOURCE Hennessy

The Ismael Cala TV Show on Channels in the United States, Puerto Rico and Paraguay

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MIAMI, May 7, 2019 /PRNewswire-HISPANIC PR WIRE/ — “Cara a Cala”, the Ismael Cala talk show produced by Cala Enterprises, will air in the United States starting May 20 on the MegaTV channel.

MegaTV viewers will be able to enjoy the first season of the program Monday to Friday at 6 P.M. There will also be a special broadcast at 9 P.M. Sundays.

“I am pleased to announce this distribution agreement with MegaTV for the United States and Puerto Rico, which is part of a global project to broadcast the show in several countries on the continent. I also send a huge greeting to Paraguayan viewers, who now receive the signal thanks to Ñandutí TV and Vamos Por Más Producciones. ‘Cara a Cala’ is the showcase for interesting people with extraordinary lives, a program of intimate, emotional, profound and entertaining interviews,” said Cala.

In Paraguay, “Cara a Cala” can be seen Mondays at 8 P.M. on Ñandutí TV (channel 17 on Tigo Star), which reaches nearly 400,000 households throughout the country by cable.  

“Cara a Cala” began as an exclusively YouTube program and is now beginning a broad international run. Figures such as Oscar D’León, Piter Albeiro, Alexis Valdés, David Chocarro, Chucho Valdés, Erika Ender and Adriana Barraza appear in the first programs.

ABOUT ISMAEL CALA

Life and business strategist, for five and a half years, Ismael Cala hosted the CNN en Español primetime show CALA. Businessman and social entrepreneur, he is the author of eight bestsellers on the topics of leadership, entrepreneurship and personal development, including “El poder de escuchar” (The power of listening) and “Despierta con Cala” (Wake up with Cala). Cala was born in Santiago de Cuba in 1969 and holds a bachelor’s degree in Art History from Oriente University. He coauthored “Beat the Curve” with Brian Tracy. He is a graduate of the School of Communications at York University in Toronto y has a diploma in Television Production from Seneca College. He is the president and founder of Cala Enterprises Corporation and the Ismael Cala Foundation.

SOURCE Cala Enterprises

Häagen-Dazs® Shops Announces Free Cone Day on Tuesday, May 14

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Visit Häagen-Dazs Shops for Free Cone Day on Tuesday, May 14.

MINNEAPOLIS, May 7, 2019 /PRNewswire-HISPANIC PR WIRE/ — On Tuesday, May 14, 2019 between 4 p.m. and 8 p.m., ice cream fans across the U.S. can celebrate Free Cone Day by visiting participating Häagen-Dazs Shops locations to enjoy one free scoop of ice cream in a sugar cone, cake cone or cup.

Visit Häagen-Dazs Shops for Free Cone Day on Tuesday, May 14.

“Häagen-Dazs knows your best deserves our best, which is why we are celebrating our customers with free scoops on May 14, an ongoing commitment to support honey bees and a brand new way to earn rewards at Häagen-Dazs Shops,” said Adam Hanson, The Häagen-Dazs Shoppe Company, Inc. President and General Manager. “We look forward to Free Cone Day every year as an opportunity to thank our loyal fans while simultaneously recognizing the pollinators that make our ice cream possible.”

Häagen-Dazs is Sweet on Honey Bees
Häagen-Dazs is built on a passion for transforming the finest ingredients into extraordinary ice cream. To continue doing so, Häagen-Dazs is bolstering its decade-long commitment to help some of its hardest workers: the bees. Bees are critical to the environment, supporting one-third of the world’s crops, including ingredients that are used in more than one-third of Häagen-Dazs ice cream flavors. Without honey bees, there would be no Vanilla Swiss Almond, Strawberry or Rocky Road.

As the newest milestone in the Häagen-Dazs Loves Honey Bees initiative, select Häagen-Dazs flavors are in the process of earning the Xerces Bee Better Certification. Developed by longtime partner The Xerces Society, the certification is a robust third-party verified standard that requires the elimination of harmful pesticide practices and the creation of large pollinator habitats on farms. When consumers choose Bee Better Certified products, they can feel confident that their decision directly benefits farms that prioritize pollinator conservation.

Introducing Häagen-Dazs Sweet Rewards
The newly launched Häagen-Dazs Sweet Rewards program allows fans to earn points with every dollar spent at Häagen-Dazs Shops to unlock exciting offers that can be redeemed all year long. Once customers download the app and sign up for the loyalty program, they will earn a free cone following their first purchase. The Sweet Rewards App is available for download through the App Store or Google Play.

For more information about Free Cone Day and to find out which local Häagen-Dazs Shops are participating, check the Shop Finder at https://www.haagendazs.us/locator/shops.

The Häagen-Dazs Shoppe Company is always seeking new franchise owners with a passion for Häagen-Dazs super-premium ice cream to open shops in premier locations. To learn more about Häagen-Dazs Shops or how to open a franchise, visit the www.haagendazsshoppecompany.com.

About Häagen-Dazs Shops
The first Häagen-Dazs Shops location opened in Brooklyn, NY in 1976, giving consumers a new outlet for the distinctive velvety, super-premium ice cream of Häagen-Dazs. Today, the Häagen-Dazs Shops system in the United States is made up of more than 200 independently owned and operated locations, franchised by The Häagen-Dazs Shoppe Company, Inc., which proudly offer top quality indulgent desserts that start with Häagen-Dazs products. For more information, visit www.haagendazs.us/shops. You can also check out the latest updates at facebook.com/HaagenDazsUS, on Instagram or Twitter.

Häagen-Dazs® trademark is used under license. ©HDIP, Inc.

Photo – https://mma.prnewswire.com/media/882577/Haagen_Dazs_Free_Cone_Day_on_Tuesday_May_14.jpg Logo – https://mma.prnewswire.com/media/491041/Haagen_Dazs_Logo.jpg

SOURCE Haagen-Dazs

Olympusat joins forces with NATPE’s LA Screening Independents 2019, Jencarlos Canela, and Project HOPE to bring humanitarian AID to Venezuelan Children

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New_Olympus_Logo

WEST PALM BEACH, Florida, May 7, 2019 /PRNewswire-HISPANIC PR WIRE/ — Olympusat Inc., one of the largest independent media companies specializing in the ownership, distribution, production and technical services of Spanish and English-language networks, joins forces with Jencarlos Canela, Project HOPE and NATPE to bring humanitarian aid to Venezuelan children with a charity concert at NATPE’s LA Screenings Independents (LASI) Official Welcome Cocktail Party.

“Events like this are remarkable for those who need them most,” said Tom Mohler, CEO of Olympusat. “It is a small way we can give displaced Venezuelan children hope that we are there for them and stand in solidarity with them.”

Olympusat, Project HOPE, and NATPE will host the benefit featuring one of the most celebrated stars of the Hispanic music industry, songwriter and actor Jencarlos Canela. The LA Screenings Independents Opening Night Party will take place on Tuesday, May 14, 2019 from 6-8 p.m. in the Grand Salon Ballroom at The InterContinental Hotel in Century City.

Jencarlos Canela is an American songwriter and actor of Cuban descent, who has starred in such telenovelas as Más sabe el diablo, among other popular TV series and the television film Jesus Christ. As a songwriter, he began his career as the lead singer of the group Boom Boom Pop. In 2002 he went solo, producing a number of hits including Búscame and Un Nuevo Día, which debuted at No. 1 in 2009 and No. 2 in 2011 respectively. In March 2019 he launched his third single Irremplazable.   

“Political uncertainty in Venezuela is contributing to the Western Hemisphere’s worst humanitarian disaster in years. Venezuelans are running out of food and have no means to buy more, hospitals often lack medicines and basic supplies and we are seeing increasingly alarming reports of malnutrition amongst the children of Venezuela,” said Jencarlos Canela.

The LA Screening benefit concert is a response to this crisis. More than 3 million people have fled the country over the past two years to escape a deteriorating economy, a breakdown of social services, rampant crime, medicine and food shortages, increasing malnutrition, prolonged electricity outages and the growing spread of both infectious and vaccine-preventable diseases. Already the largest exodus in Latin American history, some predict by year end, 5.6 million will have left Venezuela, rivaling the scale of the Syrian crisis.

“NATPE and EVENTS TM are excited to have Olympusat return as the Opening Night Party sponsor supporting such a worthy cause,”  said JP Bommel, NATPE President & CEO.

In recent months, the numbers have intensified – it is estimated that as many as 25,000 people are fleeing the country every day. Colombia hosts the vast majority of Venezuelan refugees – more than 1.2 million people – and Project HOPE is on the ground in the border city of Cúcuta, working hard to deliver urgently needed health services and to support local health-care workers.

“Our partnership with Olympusat is instrumental in shining a light on what is a largely under-reported and under-funded crisis. Our long-term goal is to bolster the health infrastructure in Colombia so that it can protect the health of its own population and, at the same time, meet the health needs of refugees who are coming from a country where the health-care system has all but collapsed,” stated Cinira Baldi, Chief Development and Communications Officer at Project HOPE. “Together, we are bringing health and hope where the need is greatest,” Mrs. Baldi added.

NATPE’s LA Screenings Independents is a partnership between NATPE and Isabella Marquez’s EVENTS TM.  Visit NATPE.com or LASI to register.

To learn more about Olympusat’s industry-leading efforts, please visit olympusat.com.

Olympusat – Media Contact:
Jesús Piñango
561-249-5228
[email protected] 

Logo – https://mma.prnewswire.com/media/581523/New_Olympus_Logo.jpg

SOURCE Olympusat, Inc.

The Home Depot to Host First Quarter 2019 Earnings Conference Call on May 21

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The Home Depot logo.

ATLANTA, May 7, 2019 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot®, the world’s largest home improvement retailer, announced today that it will hold its First Quarter 2019 Earnings Conference Call on Tuesday, May 21, at 9 a.m. ET.

The Home Depot logo.

A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the First Quarter Earnings Conference Call icon. The webcast will be archived and available beginning at approximately noon on May 21.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,290 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2018, The Home Depot had sales of $108.2 billion and earnings of $11.1 billion. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

Logo – https://mma.prnewswire.com/media/118058/the_home_depot_logo.jpg

SOURCE The Home Depot

The Home Depot to Host First Quarter 2019 Earnings Conference Call on May 21

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The Home Depot logo.

ATLANTA, May 7, 2019 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot®, the world’s largest home improvement retailer, announced today that it will hold its First Quarter 2019 Earnings Conference Call on Tuesday, May 21, at 9 a.m. ET.

The Home Depot logo.

A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the First Quarter Earnings Conference Call icon. The webcast will be archived and available beginning at approximately noon on May 21.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,290 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2018, The Home Depot had sales of $108.2 billion and earnings of $11.1 billion. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

Logo – https://mma.prnewswire.com/media/118058/the_home_depot_logo.jpg

SOURCE The Home Depot

Texas Women’s Foundation Research Shows Gender Disparities Impede Progress for Women and the State

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Texas Women’s Foundation logo

DALLAS, May 7, 2019 /PRNewswire-HISPANIC PR WIRE/ — Texas Women’s Foundation (TXWF) today released The Economic Status of Texas Women report, examining the trends and progress of Texas women in 12 state markets related to poverty, education, employment and earnings. The study provides important data and insights to help inform policies, practices and programs.

Texas Women’s Foundation logo

The research shows some encouraging progress, such as the growing share of employed women in managerial or professional occupations – up from 39% in previous years to 41.2% today. That lags slightly below the national rate of 42.4% for women in these roles. In Texas, 36.8% of businesses are owned by women, which is above the national average of 35.8% and consistent with Texas being ranked a top state for women entrepreneurs. However, the report highlights key indicators where gender disparities significantly affect Texas women, particularly women of color, in the areas of health insurance, education, poverty and leadership. 

“With women representing 50.3% of the Texas population, it is important for all Texans to understand the economics of gender, and how that impacts women, families and our state’s economy,” said Texas Women’s Foundation President and CEO Roslyn Dawson Thompson. “We encourage decision-makers, lawmakers and community and business leaders to use this research to address the issues it reveals, and work together to change policies and practices as well as support programs that advance women’s economic security. When Texas women and girls are healthy and well-educated, the entire state benefits.”

The full reports can be viewed on txwf.org and are grouped by the following areas:  Collin, Dallas and Denton Counties; Dallas and Tarrant Counties; Central Texas: Bexar and Travis Counties; Bexar, Dallas and Harris Counties; The Border: El Paso and McAllenEdinburgMission; and West Texas: Amarillo, Lubbock and MidlandOdessa. Below are snapshots of key research findings.

Education

Approximately 30% of women aged 25 and older in Texas have a bachelor’s degree or higher; this is less than the national average of 32.6%. Among areas in Texas, Collin County has the highest number of women aged 25 and older with a bachelor’s degree or higher (49.1%), whereas the McAllenEdinburgMission market has the lowest number of women with this level of education, just under 19%, which is 14 points below the national average. Educational attainment among Texas women varies widely by race and ethnicity as shown by the following statistics:

  • Of the three largest cities in Texas, bachelor degree attainment for Hispanic women is lowest in Dallas County at 10.8%. Dallas also has the lowest degree attainment for Black women at 23.4%.
  • In Harris County, 13.8% of Hispanic women and 26.2% of Black women have a bachelor’s or advanced degree. 
  • Bexar County has the highest levels of degree attainment for Hispanic and Black women in these largest cities with 18% and 31% respectively.

A higher level of education can contribute to career advancement and increased earnings, which is why Texas Women’s Foundation advocates for policy change, and advances programs and initiatives that lay the groundwork for educational achievement in early childhood. For example, TXWF supports the Texas legislative proposal to boost funding to cover full-day, pre-K programs offered at school districts in partnership with local high-quality early education providers.

In addition to the long-term educational benefits of such programs, full day, pre-K programs greatly reduce child care costs for working mothers and families, contributing to greater economic stability. Currently the average cost of full-day child care for working Texas families is between $7,000 and $9,000 a year per child. Passage of this legislative proposal will serve as a building block for economic security for the next generation of Texas women and support women who are currently focused on work and their education.

Health insurance

Nearly 78% of Texas women aged 18 to 64 have health insurance coverage, which is substantially below the national rate for women (89.2%). The data is more dire in Dallas and Harris counties where only three in four women have health insurance (75.1% and 75.5%, respectively). Conversely, nearly 82% of women in Bexar County are insured. However, Hispanic women in Bexar, Dallas and Harris counties lag, with 77%, 58.1% and 60%, respectively, likely to be insured. Of the geographic areas assessed, the McAllenEdinburgMission market faces the most urgent need, with the lowest number of insured women at just 54.5%.

TXWF advocates for important preventative healthcare programs and policies to support healthy families in Texas. For example, TXWF supports Senate Bill 2132 that proposes to extend postnatal healthcare coverage for Texas mothers. This legislation also aims to improve the information provided to women on Pregnant Women’s Medicaid who are auto-enrolled into the Healthy Texas Women (HTW) program managed by the state. TXWF is a member of the Texas Women’s Healthcare Coalition, which backs this bill.

Leadership Opportunity

About 41% of women in Texas hold managerial or professional occupations compared to the national rate of 42.4%. These roles tend to require a four-year degree and often have higher wages and employment benefits. Notably, Collin County has the highest share of Texas women (54%) in these positions. The McAllenEdinburgMission market has the fewest number of women (31.7%) in these roles. The leadership disparity is even greater for women of color throughout Texas:

  • Hispanic women are least likely to hold these positions in all 12 Texas markets examined.
  • In Bexar, Dallas and Harris Counties, Hispanic, Black and Asian/Pacific Islander women have a lower rate of employment in managerial or professional occupations as shown in the chart below.

Bexar

Dallas

Harris

White

52.3%

54.9%

55.2%

Asian/Pacific Islander

51.1%

51.6%

50.5%

Black

40.8%

36.6%

38.9%

Hispanic

31.6%

19.4%

24.3%

To accelerate and strengthen the pipeline of women in leadership roles, TXWF offers targeted programs, sponsors community-based initiatives, and supports policies and practices that advance women’s leadership.  

Employment and earnings

Nearly 58% of women in Texas aged 16 and up are employed. Travis County has the highest labor participation rate among women at 65.8%, whereas the McAllenEdinburgMission market has the lowest rate at 50.7%. Black women have the highest labor force participation rate in most of the 12 markets, ranging from 80.5 % in Denton County to 60.3% in Amarillo (see complete research findings for percentages by market).

Women in Texas ages 16 and older who work full-time, year-round have median annual earnings of $40,000, which is 81.6 cents on the dollar compared with similarly employed men in the state. Women’s earnings vary widely by race. In Harris County, for example, White women have the highest earnings at $54,129 annually, with Asian/Pacific Islander women earning $49,641. However, Black women in Harris County earn $36,767, followed by Hispanic women who earn just $26,125.

Poverty

Nearly 15% of Texas women aged 18 and up live in poverty.  El Paso and McAllenEdinburgMission have the highest rates of the 12 Texas markets assessed:  More than 20% of El Paso women live in poverty and 28% of McAllenEdinburgMission women also live in poverty, which is double the state poverty rate.

Poverty also varies widely by race and ethnicity across the state. Black and Native American women in Dallas County have the highest poverty rates at 20.2% and 23.6%, respectively. In neighboring Collin County, white women have the lowest poverty rate at 5.3%.

TXWF works to strengthen the economic security of women in Texas through strategic grants, programs and advocacy for policies and practices that improve women’s educational attainment, financial capability, earnings and access to critical work supports like child care and healthcare.

Women-owned businesses

Women-owned businesses, which can contribute to higher earning potential for women, provide a promising outlook for Texas women. Nearly 37% of businesses in Texas are owned by women versus the national average of 35.8%. Women in the McAllenEdinburgMission market are particularly likely to own businesses, with almost 44% of all small businesses owned by women. The MidlandOdessa market has the lowest number (27.9%) of women-owned businesses.

About Texas Women’s Foundation

Texas Women’s Foundation, formerly Dallas Women’s Foundation, is investing to Transform Texas for Women and Girls, empowering them to build stronger, more equitable communities throughout Texas. One of the world’s largest women’s funds, it is a trusted leader in advocating for and advancing economic security for Texas women, girls and families, and ensuring women and girls are enabled and supported in taking leadership roles in every sector in the state. With more than $35 million in assets, Texas Women’s Foundation raises approximately $9 million a year to underwrite groundbreaking statewide research on issues affecting women and girls – providing decision-makers and lawmakers with critical data to inform policies, practices and programs in the state. Funds also sustain the Foundation’s $6 million in annual grants, mission-focused gendered asset investments, and support for innovative programs and solutions to help Texas women and girls thrive. For more information, visit www.txwf.org, Facebook, Twitter, LinkedIn or Instagram or donate now.

Texas Women’s Foundation (TXWF) produced The Economic Status of Texas Women from data provided by the Institute for Women’s Policy Research (IWPR).

­Media Contact:
Kristyn Senters
[email protected] 
(214) 525-5323

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SOURCE Texas Women’s Foundation